NAS10031,224+0.48%S&P7,819+0.58%GOLD$4,143−1.05%BTC$83,746−2.12%VIX15.63+4.13%live tape · as of 11:02 UTC
The Screen · Financials · Telecom Services
Saudi National Bank (SNB)
7010.SR · TADAWUL · SAR · Market cap $221.2B
Saudi Telecom Company, together with its subsidiaries, provides telecommunications, information, media, and digital payment services in the Kingdom of Saudi Arabia and internationally.
FAIL · Does not pass the screen
43.60 SAR
Screen close, 2026-09-21 · not a live quote Last reviewed 16 days ago
Screened 2026-09-21 · the tape above runs as of 11:02 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
PRICE · FAIR-VALUE RANGE1M3M6MYTD1Y3Y5Y
What this means: price 43.60 against the desk's fair-value range, base estimate 38.69, over the last year.
Positioning no disclosures inside 60 days, left as found
Options no verdict drawn today, left as found
Ethical does not pass the values gate
Price43.60 SAR
Fair value38.69
Ethical score30.0/100
RatingAVOID
Our investment reviews on this name
2026-10-02Read Markdown43.60+0.0% to today
2026-07-20Read Accumulation44.34-1.7% to today
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
Saudi National Bank (SNB) holds its Markdown at $43.60. Consolidating, no directional conviction, held for 469 days.
As held on the ledger · 2026-09-21
Phase
Markdown · caution
Quantitative state
Consolidating, no directional conviction, held for 469 days
Price at the screen
$43.60
Valuation
14.58 trailing · 15.30 forward price to earnings
Values screen
FAIL· score 30.0
Beta
0.17
The Workings
Five Screens, Shown in Full
Does not pass. Business activity exclusion: FAIL
Test
Figure
Limit
What it means
Status
Business activity
Excluded
Core business clean
Business activity exclusion: FAIL
Fail
Debt load
Excluded
Below 33%
Interest-bearing debt is of its assets, above the one-third ceiling the screen allows.
Fail
Interest-bearing cash
Excluded
Below 33%
Interest-bearing cash and securities are of assets, above the one-third limit.
Fail
Receivables
Excluded
Below 49%
Money owed to the company is of assets, above the 49% limit.
Fail
Revenue purity
Excluded
Below 5%
of revenue comes from non-compliant sources, over the 5% line.
Fail
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical Read
Why It Falls Short, in Plain English
Saudi National Bank (SNB) does not clear the screen at the business-activity stage. It operates in an area the screen excludes: Business activity exclusion: FAIL, so the financial ratios are not the deciding factor here.
Read as at 2026-10-07. It updates when the underlying figures move, and past reads are kept below.
What the Numbers Say It Is Worth
The Fair Value Range
Our framework reads AVOID: it trades above our $38.69 fair value estimate, 3.80% revenue growth.
Fair value range in SAR, drawn from the 2026-09-21 screen. The gold marker is the market price at the same screen. The price runs 11.3% above the base estimate.
Third-party analyst targets: 17 covering, consensus Buy. The average target sits +8% from the screen price.
Reading the gap · Our more conservative model reads it as fully-to-richly valued here, while the Street is more bullish: a quality-at-a-fair-price name rather than a deep-value one.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-21 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Why it gives us pause
At 15.3x forward earnings, the price already runs ahead of the business. It trades 11% above our $38.69 fair value, so you would be buying at a premium, not a discount.
The risks · The things to watch: its business and earnings are exposed to Saudi Arabia and to currency swings.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
7010.SR trades on TADAWUL (the company is based in Saudi Arabia). As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-10-02Markdown · changed$43.60-1.7%Entry 14
The framework has shifted from accumulation to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 1.7% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 4% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 8%. Our forward projection puts the odds of a 10% gain over the next month near 8%. The street (16 analysts) rates it buy, with a mean price target of $48.
2026-08-28Accumulation$44.34+0.0%Entry 13
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 4% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 8%. Our forward projection puts the odds of a 10% gain over the next month near 8%. The street (16 analysts) rates it buy, with a mean price target of $48.
2026-07-28Accumulation$44.34+0.0%Entry 12
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 4% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 8%. Our forward projection puts the odds of a 10% gain over the next month near 8%. The street (16 analysts) rates it buy, with a mean price target of $48. It reported earnings in this window, a natural checkpoint for the thesis.
2026-07-27Accumulation$44.34+0.0%Entry 11
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 4% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 8%. Our forward projection puts the odds of a 10% gain over the next month near 8%. The street (16 analysts) rates it buy, with a mean price target of $48. It reported earnings in this window, a natural checkpoint for the thesis.
2026-07-26Accumulation$44.34+0.0%Entry 10
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 4% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 8%. Our forward projection puts the odds of a 10% gain over the next month near 8%. The street (16 analysts) rates it buy, with a mean price target of $48. It reported earnings in this window, a natural checkpoint for the thesis.
2026-07-25Accumulation$44.34+0.0%Entry 9
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 4% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 8%. Our forward projection puts the odds of a 10% gain over the next month near 8%. The street (16 analysts) rates it buy, with a mean price target of $48. It reported earnings in this window, a natural checkpoint for the thesis.
2026-07-24Accumulation$44.34+0.0%Entry 8
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 4% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 8%. Our forward projection puts the odds of a 10% gain over the next month near 8%. The street (16 analysts) rates it buy, with a mean price target of $48. It reported earnings in this window, a natural checkpoint for the thesis.
2026-07-23Accumulation$44.34+0.0%Entry 7
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 4% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 8%. Our forward projection puts the odds of a 10% gain over the next month near 8%. The street (16 analysts) rates it buy, with a mean price target of $48. It reported earnings in this window, a natural checkpoint for the thesis.
2026-07-22Accumulation$44.34+0.0%Entry 6
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 4% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 8%. Our forward projection puts the odds of a 10% gain over the next month near 8%. The street (16 analysts) rates it buy, with a mean price target of $48. It reported earnings in this window, a natural checkpoint for the thesis.
2026-07-20Accumulation$44.34+0.0%Entry 5
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 4% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 8%. Our forward projection puts the odds of a 10% gain over the next month near 8%. The street (16 analysts) rates it buy, with a mean price target of $48.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
What Holding Actually Paid · Price Plus Dividends
If $1,000 had been placed · historical, not a promise
Period
Price then
Price return
Divs per share
$1,000 became
Total return
1 month
$43.32
+1.6%
·
$1,016
+1.6%
2 months
$42.22
+4.2%
$0.55
$1,055
+5.5%
3 months
$41.77
+5.4%
$0.55
$1,067
+6.7%
6 months
$42.25
+4.2%
$1.10
$1,068
+6.8%
1 year
$40.86
+7.7%
$2.20
$1,131
+13.1%
2 years
$32.76
+34.3%
$6.10
$1,530
+53.0%
3 years
$35.08
+25.4%
$8.70
$1,502
+50.2%
5 years
$40.62
+8.3%
$11.90
$1,376
+37.6%
Historical returns from market close data. Past performance does not guarantee future results.
The Ledger's Promise
This entry now belongs to the ledger. Whatever 7010.SR does next, these words stay.
Saudi National Bank (SNB) · 7010.SR · Markdown · $43.60
Recorded 2026-09-21 · before the outcome · scored mechanically